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20130204
20130212
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Search Results 0 to 32 of about 33 (some duplicates have been removed)
the debt ceiling. if republicans had gone into this issue and said they would not raise the debt ceiling unless they got cuts, there would have lost that the raid at the end. big loss that debate. john boehner and paul rand did a great job together. you cannot govern from that office, you but you have to be very careful about high-profile last-minute negotiations. i've worked in the white house and three administrations. the president has a tremendous institutional advantage in these kinds of fights. what republicans have to do is avoid these fights, the straps that they are laying. provide an alternative through passing legislation, just to show this is how they would govern if they had the powers of the presidency and the senate. and be careful. there are some rough edges. host: some are not strategy as far as moving the debt ceiling ahead. guest: if they had gone ahead with it, it would have been politically cataclysmic. it was the worst percival -- worst possible ground to make their point. president obama 1. i think it's absolutely crucial for the future of the country that you cann
the 2011 debt ceiling disaster, and it is $1.7 trillion in cuts. there is not a dime of new revenue there. here is the chart when you add the $737 billion in new revenue agreed to during the fiscal cliff deal. republicans are winning the battle, wouldn't you say, when it comes to balancing? over two-thirds of deficit reduction has come from cuts to domestic programs, and it's not exactly fair. but now the house progressive caucus has come out with what they call the balancing act. it's a common-sense plan to reduce the deficit by closing tax loopholes and cutting wasteful defense spending. here is the chart of the plan. there is $1.7 trillion in new revenue. the $1.7 trillion in spending cuts is still there. this looks like a much fairer chart than the current system, don't you think? and it's estimated to reduce the deficit by $3.3 trillion. remember, we're trying to hit $4 trillion. so we're getting closer. the plan ends tax loopholes for yachts and for jets. it reduces the corporate meal and entertainment deduction to 25%. you can't write off the whole dinner anymore. it ends fossil fu
worried about raising the national debt ceiling, which is $16.4 trillion. republicans hoped to try to force a general deduction of overall spending. it came down to this deal where it was they would do a supercommittee that would come up with a deal by the end of 2011. they did not. if they did not reach a deal by the end of 2012, they would have mandatory budget cuts of $1.2 trillion over 10 years. the first were supposed to kick in this year. now that they have extended that, we are looking at about $90 million of mandatory cuts split between regular government spending and defense spending. they are supposed to kick in march 1. host: what is the seacrest -- what does the sequestration mean for the defense department? caller: you are looking at about $15 billion of cuts. unlike other cuts that could happen to government agencies, they go across the board. you are looking at taking major chunk of operations out of programs. we are fighting a major war in afghanistan. that is separated. you are looking at the cuts taking effect in areas that are having a disproportionate effect and
steps they want to put in place to get more people back to work. >> fiscal cliff, the debt ceiling, immigration he said there's room but, look, republicans need to get religion on this. do you expect a similar tone in the state of the union? >> he has a limited amount of time. they feel they have a so-called m mandate from their victory not losing the senate. i think it's kind of full speed ahead for the president right now. he's going to go as bold as he can go, limited amount of time. i think i disagree a little bit on the economy. i think it's a course correction for him. i feel he's maybe second-guessing, not talking about the economy during his inaugural speech, now maybe i should have talked about that. >> which is fascinating because if you look at the first term in a lot of ways, you know, he started off -- you had a republican party that was largely kind of in the doldrums and he started off with economic stimulus and health care which united the party in some way. is he -- is he smart to refocus on the economy, jim? >> yes. >> and probably the more important question, is
what he said. >> the majority of republicans voted for it. they used it as a way to hold the debt ceiling to ransom. the only leverage they have is leverage to lower their poll ratings and lower the boom on the american economy. the cbo says if you do this, you won't get unemployment under 7.5% before 2015. you could actually push this economy back into another recession and republicans who use this strategy from 2009 on wrecked the economy to try to wreck obama, weren't able to sell that to the american people in 2012. they can't sell it to the american people now. and you can't rebrand yourself as a party if you're wearing the scarlet letter of deception and economic destruction. >> that's absolutely true. karen, republicans seem to think that they've got the president in a real bind over this sequester. take a listen to this. >> that's not fair. >> democrats are exactly where the republicans were six weeks ago. look, taxes were going up by law. the only question was were you going to negotiate a good package, save as many of the bush tax cuts as you could? >> karen, they're now
ceiling debt debacle of 2011. here is what president obama was demanding. >> at minimum we've got to raise the debt ceiling. so, that's the bare minimum that has to be achieved. >> here is what john boehner and the republicans in the house were demanding. >> the house cannot pass a bill that raises taxes on job creators. the house could only pass a debt limit bill that includes spending cuts larger than the hike in the debt limit as well as real restraints on future spending. >> and here is what john boehner said when the final bill was si signed into law with the dreaded sequester. >> when you look at this final agreement that we came to with the white house, i got 98% of what i wanted. i'm pretty happy. >> to his credit, that's how republicans lindsey graham remembers it as well. >> as john will say it with straight talk, we have our fingerprints as republicans on this proposal, on this sequestration idea. it was the president's idea, according to bob woodward's book, but we as the republican party gagreed to it. we got in this mess together and we're going to have to get out together. >
spending reductions just as republicans had to agree to raise the national debt ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >> he put forward a proposal for avoiding that outcome while congress continues working on longer term deficit reduction. that's the sensible thing to do. why make-- why punish the american people because you haven't been able to achieve your ideological objectives through other means? >> sreenivasan: in another development, the associated press reported the u.s. military is cutting back from two aircraft carriers to one, in the persian gulf. the report cited u.s. officials who said it's a direct response to the looming, across-the-board cuts.
borrowing. that prevents the u.s. and from defaulting on its debts. provisions a house republicans to temporarily withhold lawmakers' pay in either chamber that fails to produce a budget plan. the senate has approved a bill include security at u.s. embassies overseas, following the attacks in benghazi. than $1 billion for funds no longer needed in iraq would then fund that effort. the bill now goes to the house. 5:17. the big question is, how many pancakes and you think you can put away today > >> about 5. i want that many. >> i think that's about 11. let's check in with adam caskey, ihop int the alexandria. pancakes?ad some >> we are going to dig in this morning. day and the pancake day.nal weather person's you get a free short stack at ihop and it's for good cause. it's for charity. tell us about it. toyou have the opportunity leukemia lymphomas find a cure for blood cancer. we're hoping to raise $220,000. they've been raising money over last month and today is the hurrah. >> , tabriz in the past? >> $185,000, last year. working hardbeen $220,000 this year. is the face of your ye
republicans. >> faced a government shutdown and not long after that had to deal with the debt ceiling again. seems to me the real battle -- like i said, there's zero chance the sequester deal will happen before march 1st. those automatic spending cuts will go in effect and see notices on furloughing employees and be on notice they may be furloughed but the real battle over the funding of the government and a chance for those automatic cuts to be rejiggered. >> one of the things you're seeing this is against the backdrop of the republican party coming out of the last election talking about where they'll go in the future and howl they'll be seen by the public and you guys mentioned marco rubio on the cover of "time" magazine called "the republican savior" put out a tweet saying it's not me and a lot of pressure on mark joe rubrubio. you've seen several coming out with speeches where the party should be. >> we've got to stop being the stupid party. i'm serious. time for a new republican party that talks like adults. >> i would argue that a more restrained foreign policy is the true conservativ
. if republicans had time to this issue and said, you know, were not going to raise the debt ceiling unless at a certain amount of cuts, they would've caved in the end, would've been disastrous, much like what the fiscal cliff and i think boehner and right together did a very nice job convincing republicans that you can't govern from the house, but sure to be careful about getting into these high-profile, high-stakes, last-minute negotiations with the president. it worked in the white house, i worked in three administrations. they have a tremendous institutional at vantage in this kind of bias. i think what republicans have to do is avoid these sites come at the straps the democrats and president obama are laying, provide an alternative to passing legislation, just to show them this is how we recover if we have the powers of the presidency and the senate and to be careful and frankly the rougher edges republicans sometimes have. >> host: some republicans aren't happy sr is moving ahead. >> guest: i think if they had gone ahead, it would have been cataclysmic for the republican party. i say
. just quickly, he refused -- voted against raising the debt ceiling. he co-sponsored the old balanced budget amendment, which is a total shuck and jive. he signed the grover norquist finds. he backed florida's voter purge back to rick so -- backed rick scott in trying to get all of those people, a lot of them racial minorities off of the ballot in florida. he opposed federal action to heavy prevent violence against women act, extension of it t he believes employers should be able to deny birth control to their employees. he made some robo calls for an anti-hate group opposing same-sex marriage, marriage equality. and he doesn't believe in climate change. in fact, this week at the interview that he gave with buzzfeed's ben smith -- remember ben smith was in studio with us a couple of days talking about that interview, marco rubio said, on climate change he just thinks it's too expensive. >> number one, even if anything we would do on that would have a real impact on our economy, but probably if it's only us doing it, a very negligible impact on the envir
, radical, fiscal conservatives, or supposedly conservative issues like the debt ceiling and fiscal cliff. he is still right in there with more of the highbound tea-party issues. whether it's rand paul or paul ryan for 2016 and i know people want to throw up when they start thinking about 2016 already, but there's a new generation of republican leaders that are jockeying for position and he is a moderate on certain issues. >> i want to put up your magazine cover, and i want to put up your international cover as well. this is -- this is the international cover here. marco rub yo and the next america. no savior mention here. >> we chose that cover line, because, yeah, the switching that is going on right now. we did not think that marco rubio was a internationally famous figure, the way that he is a nationally famous figure. and we wanted to highlight the long-term demographic trends that is taking place in the america. where it's more multi-culture society. one more finally tuned to immigration. that is something that "time" can do as a global brand. >> we will go with that explanation. >>
resolution and postponed debt ceiling decision. which shouldn't be a decision. and all you have been hearing from the majority in the house and the republicans in the senate is austerity, austerity, cuts, cuts and avoiding the whole discussion of the fact that those -- that attitude and philosophy is only going to worsen the economy if the sequestration goes through, that is 660,000 jobs lost the first year and the balancing act is about creating revenue and creating revenue from sources that should be on the table, but aren't being discussed on the table. balancing act is about investment in this term with jobs, education, r&d's in order to grow and stin the recovery we are on. investment in this term. and we all recognize the deficit is an issue, but an issue over a long-term and the balancing act by repealing sequestration, creates for us in this country an opportunity to continue to recover and stabilize our economy, invest in things that we need for the future and put on the table revenue that is not there that needs to be part of the revenue generation that we need in order to deal wit
on the fiscal cliff, pushed back the debt ceiling issue so that they can breathe a little bit and try and move away from just these fiscal issues. now on the horizon there are lots of house republicans, particularly younger ones, who say let's cut the defense budget, let those automatic spending cuts take place, and there are lots of senior republicans who say, not so fast. so that's going to be a problem within the republican party as we look ahead. >> where does karl rove and his new super pac fit into that? >> did you ever think republicans would call him a rhino, republican in name only. here you go. i've always thought of karl rove as a conservative. what's going on is his pac has said, you know what, we are tired of someone associated with his pac said to me, quote, the novelty of losing elections has worn off, and what they've decided to do is to start putting their money in primaries. they want to vet republican primary candidates so that by the time they get to the general election they believe they have qualified vetted candidates who can actually win. conservatives are saying, this
Search Results 0 to 32 of about 33 (some duplicates have been removed)